Legal Question in Credit and Debt Law in California

Hello All!

my car got towed due to missing payments,lender told me i have 15 days before they send the car to auction,i heard i can request an additional 10 more days?

i am not sure i have the right or not if the lender say no!

I live in California,please let me know!

thanks a lot


Asked on 12/20/12, 11:13 am

1 Answer from Attorneys
Charles Perry Law Offices of Charles R. Perry

California Civil Code Section 2982(a)(3) gives the person whose car was repossessed the right to demand, in writing, a ten-day extension of the time to reinstate the loan. There are certain exceptions to this right, however. The seller of the car or holder of the debt has an obligation to provide you with a form you can use to apply for the extension.

An oral request for this ten-day extension is NOT sufficient. It must be in writing.

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Answered on 12/21/12, 12:24 am


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